That should never be the main motivation. Thanks for the contribution anyway 😃 Good quality 🚀
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@DividendHawk Yes, it shouldn't be the main motivation. But when you're approaching retirement and know that it won't be enough to live on, a reasonably constant inflow of dividends is nice.
I don't want to worry about when I have to sell how much of which share in order to live off it.
Especially if there's a crash or a setback, like with Trump's tariff announcement. Buy and hold is more my motto. Knowing full well that dividends can also be cut or suspended, see Intel, which paid dividends for years. But I also have a few tech and growth stocks in my portfolio. The waiting time is also sweetened if you have a personal dividend yield of around 16%, as I do with PepsiCo, and have received far more dividends over the years than you paid for the shares. So my ROI is well over 100% ;-) My tip... not just 1 stock per week, but several. In other words, minimize risk by diversifying across several sectors and countries/currencies. And use price setbacks to top up. Or operate cost-average through savings plans.
I don't want to worry about when I have to sell how much of which share in order to live off it.
Especially if there's a crash or a setback, like with Trump's tariff announcement. Buy and hold is more my motto. Knowing full well that dividends can also be cut or suspended, see Intel, which paid dividends for years. But I also have a few tech and growth stocks in my portfolio. The waiting time is also sweetened if you have a personal dividend yield of around 16%, as I do with PepsiCo, and have received far more dividends over the years than you paid for the shares. So my ROI is well over 100% ;-) My tip... not just 1 stock per week, but several. In other words, minimize risk by diversifying across several sectors and countries/currencies. And use price setbacks to top up. Or operate cost-average through savings plans.
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